Transocean Ltd. provides fleet status report

Transocean Ltd. issued a comprehensive Fleet Status Report which provides the current status and contract information for the company's entire fleet of offshore drilling rigs. The total value of new contracts since the March 17, 2014 Fleet Update Summary is approximately $209 million.

Other items include:

Transocean Marianas - Awarded a four-well contract offshore South Africa at a dayrate of $370,000 ($118 million estimated backlog). The rig was previously idle.
Transocean Arctic - Awarded a two-well contract in the Norwegian sector of the North Sea at a dayrate of $519,000 ($83 million estimated backlog). The rig's prior dayrate was $419,000.
Sedneth 701 - The rig sustained damage from a galley fire. The company has decided to divest the rig and has classified it as held for sale. Discussions are underway with the customer to transfer the remaining contract backlog to an alternative rig.

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